top shadow
BODY



































Trade Readers:
I am a STORE BUYER or OWNER
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a CONSUMER
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand












current news

Frederick’s 4Q Sales Plunge 18.1%


(Filed Under Financial and General Interest News). During this year’s fourth quarter, Frederick’s of Hollywood’s net sales dropped 18.1 percent, to $34,463 million from $42,093 million, driven by a 56.9 plunge in wholesale segment sales. The company also posted losses in its retail segment, with total store sales down 6.9 percent, comparable store sales down 6.5 percent, and direct sales—which encompass catalog and website operations—down 11.9 percent.

During fiscal 2009 ended July 26th, 2009, net sales dropped 3.3 percent, to $176,310 million from $182,233 million; total store sales decreased 6.2 percent while comparable store sales decreased 6.5 percent; and direct sales decreased 10.4 percent.

“Our 2009 fiscal year-end results are disappointing,” said Thomas Lynch, the company’s chairman and chief executive officer. “Weak macro-economic conditions and the significant reduction in our wholesale business magnified the challenges of integrating our retail and wholesale divisions, and highlighted the need for additional capital resources, stronger management, enhanced brand stewardship and an improved business structure.”

Frederick’s of Hollywood Group, Inc. sells women’s intimate apparel and related products under the Frederick’s of Hollywood brand through 130 specialty stores nationwide, as well as through the company’s catalog and website. Through its wholesale division, the company designs, manufactures, sources, distributes and sells women’s apparel.

For further information, contact Thomas Rende, CFO of Frederick’s of Hollywood: (212) 798-4700.


more Financial and General Interest News >>

Published 11-06-2009 by Amanda Torres Price

Related Articles

Frederick’s 4Q Sales Plunge 18.1%
Frederick's Posts $5.3m Loss in 1q


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2012 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2013 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow
*